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    Sale 1413

    Rare Watches Including Important Private Collections

    16 May 2016, Geneva

  • Lot 60

    Patek Philippe. A fine, rare and attractive stainless steel wristwatch with teardrop lugs


    Price Realised  


    Patek Philippe. A fine, rare and attractive stainless steel wristwatch with teardrop lugs
    Signed Patek Philippe & Co., Genève, ref. 1503, movement no. 929’014, case no. 635’444, manufactured in 1942
    Cal. 12'''120 mechanical movement, 18 jewels, silvered matte dial, applied steel baton and Roman numerals, outer beady minute divisions, subsidiary seconds, circular case, teardrop lugs, snap on back, case, dial and movement signed
    35 mm. diam.

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    With Patek Philippe Extract from the Archives confirming production of the present watch with raised steel indexes in 1946 and its subsequent sale on 7 November 1946.

    This reference 1503 is fresh to the market and believed to be one of only 12 examples of this model with silvered dial to have appeared in public to date. It is furthermore preserved in very attractive, original overall condition.

    The dial of this watch features the so-called “perlage” or circular graining of the outer minute divisions, hand-made by means of a diamond-tipped tool. The thus formed coves are covered with a thin layer of protective varnish which keeps its brilliance indefinitely, giving the impression that the minute scale is actually made of small applied beads.

    This technique was used by Patek Philippe from the 1920s until the 1960s and is still imitated today.

    For a note on the dials of reference 1503 see the previous lot. The “perlage” technique is illustrated and described in Patek Philippe Steel Watches by John Goldberger, p. 428.

    Special Notice

    Prospective purchasers are advised that several countries prohibit the importation of property containing materials from endangered species, including but not limited to coral, ivory and tortoiseshell. Accordingly, prospective purchasers should familiarize themselves with relevant customs regulations prior to bidding if they intend to import this lot into another country.
    On lots marked with an + in the catalogue, VAT will be charged at 8% on both the premium as well as the hammer price.